RSBL : State ATM

STATE ATM is a venture by RiddiSiddhi Bullions Limited Group, the largest and most highly recognized bullion-trading company in India.RSBL deals in a large plethora of bullion products and services and has a deep understanding of the Indian financial market and systems.STATE ATM is slated to be India’s largest chain of white label ATMs with a planned footprint of 50,000 ATMs all over the country. The bulk of the ATMs are planned for semi-urban and rural areas where banking and ATM penetration is low.

To drive ATM penetration in the country the Reserve Bank of India has permitted the launch of White Labelled ATMs (WLAs) India, i.e. for private non-banking companies to set up, own and operate their own brand of ATMs in the country.
RSBL is one of the few non - Bank entities in India which have been permitted by the Reserve bank of India to deploy White label ATM's (STATE ATM) across the country.
We intend to deploy 50,000 ATMs across the country with a substantial portion of these White Label ATMs would be deployed in semi-urban and rural parts of the country where the cardholders do not have access to basic ATM facilities.

STATE ATM are a promise of reliability, security and convenience to all its customers. With a robust physical presence backed by cutting-edge technology and a well trained customer support system, we are committed to create a positive customer experience with every transaction.With an objective to make banking accessible to every Indian, STATE ATM has earmarked the largest chunk of its footprint for the semi-urban and rural areas of the country. Our ATMs will be accessible in Tier 1 to Tier 6 locations pan India and bringing banking network into those areas where the current penetration is very low.We have tied up with a number of government bodies such as the AIPP (All India Panchayat Parishad), The Railway Employees Co-operative Bank Limited, Jaipur and support government schemes such as the Pradhan Mantri Jan Dhan Yojana. The objective of these alliances is to create a reliable network and create employment opportunities for the people as well.